Repsol YPF, S.A., ( ) is an integrated Spanish
oil and
gas
company with operations in 29 countries.
The bulk of its assets
are located in Spain
and Argentina
, as a result of the 1999 takeover of Argentine energy firm YPF by the
Spanish conglomerate Repsol S.A. within the
controversial privatisations by president Carlos Menem. It is now the 15th largest
petroleum refining company according to the
Fortune Global 500 list, employing over
36,000 people worldwide.
In May 2006 Repsol announced it was planning to float between 15%
and 20% of YPF's shares on the
Buenos Aires Stock
Exchange.
Repsol also partners with
Honda
Racing Corporation to compete in
MotoGP
under
Repsol Honda Team.
References
- 2008 list of largest petroleum companies by
revenue
External links